A renewable path to Hawaii’s recovery
Given Hawaii’s audacious renewable energy goals it seems logical that industries such as solar can help be a big part of that recovery.
Investor-owned utilities pay top executives millions — are they worth it?
Energy and Policy Institute has tracked the past three years of CEO compensation at 41 investor-owned utilities across the country. And, while the numbers are eye-popping, a well-paid CEO does not necessarily reflect company success.
Morning Brief: Houston is buying 100% renewable energy, SolRiver Capital has $200 million for solar projects
Also in the brief: Alchemy Renewable Energy has closed on deal to acquire a 44.5 MWdc solar energy portfolio, Ormat Technologies has begun the commercial operation of the Rabbit Hill Battery Energy Storage System, Kansas’ largest solar project ever has officially gone live and more.
Trump’s mysterious cybersecurity order bans bulk-generation gear from ‘adversaries’
Although it doesn’t seem to impact solar directly, energy storage might be threatened. “The order leaves more questions than it answers,” according to Norton Rose Fulbright. What is motivating the administration? China? Why now?
Huawei, Sungrow and SMA dominate global inverter market
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Despite solar woes, Tesla turned its first-ever profitable Q1
Tesla finished Q1 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.
Soros Fund Management, Siemens make a big bet on EV charging
The two companies have invested $13.2 million into Amply Power, a service that combines EV charging hardware distribution and fleet management software into one customer-focused package.
Morning Brief: Solar and wind are the cheapest new sources of electricity, Appalachian Power halts distributed projects
Also in the brief: Ohio regulators have approved an 80 MW array, Sierra Club responds to Duke’s climate report, Rhode Island funds brownfield projects and more.
Duke doubles renewable goals while staying committed to fossils
The utility giant now owns or purchases 8,000 MW of renewable generation, with plans to double that mark by 2025. However, while the company eyes zero-carbon electricity by 2050, it maintains that natural gas will remain a crucial source to achieve this goal.
Morning Brief: New Zealand invests in flow batteries, ‘NextGrid’ goes off the rails
Also in the brief: Tesla’s Q Con virtual power plant presentation, the University of Arkansas’ solar design contest, M&A during the pandemic, dodecahedrons and more
